The commitment is to keep supporting CYDSA´s project through Herminio Blanco's participation in CYDSA's board of directors and to use this project as an example for other Mexican corporations to spread the philosophy that a sound environmental policy can be a profitable business proposition.
The project primarily aims at reducing Hydrofluorocarbon No.23 (HFC 23) emissions by recovering and decomposing this gas that is currently released to the atmosphere, funded through the sale of carbon credits in the context of the Clean Development Mechanism (CDM) of the Kyoto Protocol.
This project involves the collection and thermal decomposition through plasma technology of the HFC 23 generated as a by-product of HFC 22 production in a plant from Grupo CYDSA, located in Monterrey, Mexico.
Grupo CYDSA, produces gases for refrigeration, propellants, foaming agents, and other applications and commercializes them in the Mexican, Latin America, North American, and Asian markets.
Currently, Grupo CYDSA is the only one in Mexico that produces CFCs and HFC 22. It also commercializes non-ozone-depleting refrigerants and blends. HFC 23 is an inevitable by-product of the HFC 22 manufacturing process.
HFC 23 (CHF3) is a by-product from HFC 22 production. It is of low toxicity but it is a powerful greenhouse gas (GHG), with a large global warming potential (GWP=11,700, as agreed on for the First Commitment Period of the Kyoto Protocol.1).
At present, most of the HFC 23 generated at Grupo CYDSA, by-product of HFC 22 production in Mexico, is released to the atmosphere because there are no national or regional regulations with restrictions on the emission of HFC 23 in Mexico, where the proposed project activity will be carried out.
However, with this project, the future emissions of HFCs carried out by Grupo CYDSA, will be controlled under the Kyoto Protocol.